Revised Code of Washington - RCW Title 48 Insurance - Section 48.05.520 Asset acquisitions--Asset dispositions

§ 48.05.520. Asset acquisitions--Asset dispositions

(1) Asset acquisitions subject to RCW 48.05.510 through 48.05.535 include every purchase, lease, exchange, merger, consolidation, succession, or other acquisition other than the construction or development of real property by or for the reporting insurer or the acquisition of materials for such a purpose.

(2) Asset dispositions subject to RCW 48.05.510 through 48.05.535 include every sale, lease, exchange, merger, consolidation, mortgage, hypothecation, abandonment, destruction, other disposition, or assignment, whether the assignment is for the benefit of creditors or otherwise.

[1995 c 86 § 3.]

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Last modified: April 7, 2009